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Home > Kirk Kinder, CFP Interviews Melissa Barnickel on Long-Term Care Insurance

Kirk Kinder, CFP Interviews Melissa Barnickel on Long-Term Care Insurance

Posted by Melissa

The interview addresses questions people have when deciding if they want long-term care insurance:

  • Is long-term care insurance expensive?
  • How do you know if you should buy long-term care insurance? 
  • How do you determine monthly/daily benefit that meets your needs? 
  • Who benefits from a LTCi [1] plan? 
  • Where do you want to have care? At home? In a facility? 
  • Do your family members want to care for you? Are they financially and physically able?
  • Does Medicare [2] pay for any long-term care issues? 
  • What if I have a minor medical condition? Am I still insurable?
  • How can I keep the cost down on a long-term care insurance policy? 

Additionally, there is an explanation of the various riders: shared care, waiver of home health care elimination period, survivorship, etc.  As well as what the tax benefits are for long-term care insurance. 

Tags: 
Long-Term Care Insurance Interview [3]
LTCi [4]
LTC Costs [5]
underwriting [6]
Advisors [7]
Consumers [8]
Long Term Care Insurance [9]

Source URL (retrieved on 05/21/2025 - 6:54am): https://www.baygroupinsurance.com/news/kirk-kinder-cfp-interviews-melissa-barnickel-long-term-care-insurance

Links:
[1] https://www.baygroupinsurance.com/glossary#LTCi
[2] https://www.baygroupinsurance.com/glossary#Medicare
[3] https://www.baygroupinsurance.com/tags/tags/long-term-care-insurance-interview
[4] https://www.baygroupinsurance.com/tags/tags/ltci
[5] https://www.baygroupinsurance.com/tags/tags/ltc-costs
[6] https://www.baygroupinsurance.com/tags/tags/underwriting
[7] https://www.baygroupinsurance.com/tags/constituent-tags/advisors
[8] https://www.baygroupinsurance.com/tags/constituent-tags/consumers
[9] https://www.baygroupinsurance.com/tags/insurance-products/long-term-care-insurance-0